Sacha Poignonnec (EDHEC 2002) : nominee for the EDHEC Entrepreneur award 2017

Sacha Poignonnec is the co-CEO and co-founder of Jumia, Africa's largest online trading platform. Jumia was created in 2012 with the vision that e-commerce had an incredible opportunity to grow in Africa, and "leapfrogger" the traditional stages of physical retailing, in a continent where infrastructure does not allow the classic development of large distribution. Jumia started in 4 countries (Nigeria, Egypt, Morocco and South Africa), and then once the logistical and commercial challenges were met, launched across Africa.

Five years later, Jumia employs more than 3,000 people in 23 countries, has more than 3 million customers on the continent for more than 6.1 million transactions in 2016. Jumia has become the first African start-up Valuation higher than 1 billion euros. Jumia shareholders include MTN, Orange, Axa, Goldman Sachs and Rocket Internet.

Jumia has become today more than a destination for e-commerce. Jumia offers a wide range of online services, such as hotel reservations, restaurant orders and classifieds. Jumia is launching its offer of payment and financial services.

Prior to launching Jumia, Sacha worked for 5 years for McKinsey, based in Paris and New York, focusing on retail and consumer products. He began his career with Arthur Andersen and in 2004 was involved in the creation of Accuracy, a Paris-based start-up in corporate finance. Sacha graduated from EDHEC (2002) with a master's degree in business management, specializing in finance. He is married to Marion Sanchez (also Edhec 2002) and they have 3 children.

>Find out more about : www.jumia.com or www.jumia.com.ng

The award

The EDHEC Entrepreneur of the Year prize is awarded to an Edhec entrepreneur who has decided to take a leap into the unknown and has contributed to EDHEC’s image as a creator of talent by their taste for risk and adventure.
Their daring and sense of innovation will have impacted on the winner’s sector or region, or on the vision others have of the sector. .

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